About Life Insurance
26 Aug 2026Life Insurance is one of 21 industries in the Financial Services sector. Solomo tracks 6 listed companies classified as Life Insurance on India's NSE and BSE, out of 681 in the Financial Services sector. Their combined market capitalisation was ₹10,14,346 crore (₹10.14 lakh crore) on 26 Aug 2026, 8.5% of the Financial Servicessector's total and the 4th largest of its 21 industries by market value. All 6 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are Life Insurance Corporation of India (₹5,60,205 crore), SBI Life Insurance Company Ltd (₹1,86,919 crore) and HDFC Life Insurance Company Ltd (₹1,23,136 crore).
Median trailing P/E across the 6 companies with a reported ratio is 70.0, and median return on capital employed (ROCE) across 6 companies is 0.5%.
3 of them rank among the 100 largest listed companies in India by market capitalisation on 26 Aug 2026: Life Insurance Corporation of India (#8), SBI Life Insurance Company Ltd (#48) and HDFC Life Insurance Company Ltd (#86).
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| Life Insurance Corporation of India | ₹5,60,205 Cr | 9.8 | 0.9% |
| SBI Life Insurance Company Ltd | ₹1,86,919 Cr | 75.7 | 0.6% |
| HDFC Life Insurance Company Ltd | ₹1,23,136 Cr | 64.4 | 0.5% |
| ICICI Prudential Life Insurance Company Ltd | ₹74,034 Cr | 46.0 | 0.5% |
| Max Financial Services Ltd | ₹56,330 Cr | 670.8 | 2.8% |
| Canara HSBC Life Insurance Company Ltd | ₹13,723 Cr | 108.6 | 0.3% |
Other industries in Financial Services: Private Sector Bank (20), Non Banking Financial Company (NBFC) (291), Public Sector Bank (12), Holding Company (18), Asset Management Company (16), Financial Institution (9), Investment Company (68), Stockbroking & Allied (41), General Insurance (6), Housing Finance Company (20), Exchange and Data Platform (3), Financial Technology (Fintech) (15), Other Bank (9), Depositories, Clearing Houses and Other Intermediaries (5), Financial Products Distributor (5), Other Financial Services (122), Microfinance Institutions (5), Ratings (2), Insurance Distributors (2) and Other Capital Market related Services (6).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 26 Aug 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.